{"id":2311,"date":"2017-04-26T16:42:22","date_gmt":"2017-04-26T16:42:22","guid":{"rendered":"https:\/\/blog.holytransaction.com\/?p=2311"},"modified":"2022-02-15T00:51:15","modified_gmt":"2022-02-14T22:51:15","slug":"hold-bitcoin-price-growth","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2017\/04\/hold-bitcoin-price-growth.html","title":{"rendered":"Price tripled in 1 year: why you should hold bitcoin"},"content":{"rendered":"<div id=\"post-full-text\" class=\"contents\">\n<p><strong>Bitcoin price<\/strong> is nearing its all-time high price of $1,277, maybe because of the impressive growth within the Japanese bitcoin industry. Read here <strong>why you should hold bitcoin<\/strong>.<\/p>\n<p>Experts argue that <strong>bitcoin price will increase consistently<\/strong> in the mid-term if Japan and the US sustain their growth and if small markets such as India will decide for a massive change related to bitcoin regulation.<\/p>\n<h2>Bitcoin price drove by India and Japan<\/h2>\n<p>India has always been considered\u00a0the more important Bitcoin markets because of its poor banking system.<\/p>\n<p>Right now, in fact, 40% of India population can be defined as &#8220;<a href=\"https:\/\/holytransaction.com\/blog\/2015\/07\/who-are-under-banked.html\">underbanked<\/a>&#8220;.<\/p>\n<p>The greatest part of people in India cannot rely on banks and financial institutions to manage their funds.<\/p>\n<p>Recently, the <strong>demonetization of 500 and 1,000 bank notes<\/strong> decided by the Indian government led to a national financial crisis, as banks and ATMs ran out of cash to dispense, so Indian citizens cannot obtain cash for their daily basic needs.<\/p>\n<p>Also, PwC explained that 233 mln Indians didn&#8217;t have any access to bank accounts since October of 2015 and 43% of adults in India made no deposits or withdrawals in any banks or financial institutions.<\/p>\n<h2>Bitcoin hold: why?<\/h2>\n<p>Bitcoin exchanges in India &#8211; such as <strong>Zebpay<\/strong> and Unocoin &#8211; began to see a huge growth in their user base and trading volumes.<\/p>\n<p>One key factor that would allow the Indian Bitcoin industry to grow at a rapid rate similar to China, South Korea and Japan is the legalization of Bitcoin.<\/p>\n<p><strong>Bitcoin regulation in India should arrive this summer<\/strong>, according to recent press releases.<\/p>\n<p>This way millions of new users would emerge, and <strong>Bitcoin price will rise in the mid-term<\/strong>.<\/p>\n<p>That&#8217;s why you should hold bitcoin and store them in a <strong>safe place<\/strong>.<\/p>\n<p><a href=\"https:\/\/holytransaction.com\">Open your bitcoin wallet here<\/a>\u00a0on the HolyTransaction <a href=\"https:\/\/holytransaction.com\/page\/Monedero-criptomonedas-online-cartera-en-espa%C3%B1ol-multi-gratuitamente-universal-registrar\">multicurrency wallet<\/a>. You can store more than 10 digital currency within the same account, so it is very easy to manage.<\/p>\n<\/div>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Bitcoin price is nearing its all-time high price of $1,277, maybe because of the impressive growth within the Japanese bitcoin industry. Read here why you should hold bitcoin. Experts argue that bitcoin price will increase consistently in the mid-term if Japan and the US sustain their growth and if small markets such as India will [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":2,"featured_media":2313,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,76,83,468],"tags":[1023,1301],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Price tripled in 1 year: why you should hold bitcoin -<\/title>\n<meta name=\"description\" content=\"The digital currency price triple in one year. 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